First Wholesale Deal

[Aaron Laster]

Investment Info:

Small multi-family (2-4 units) wholesale investment in Indianapolis.

Purchase price: $2,000
Sale price: $7,000

Blighted duplex near downtown.

What made you interested in investing in this type of deal?

This property is 2 doors down from my first rental property and was acquired in a package with the rental.

How did you find this deal and how did you negotiate it?

I received the lead from the Pastor of the church that owned the property and there was not much negotiation. I paid the asking price for property.

How did you finance this deal?

Cash